Ann: Half Year Financial Results Market Release, page-3

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giddiyup

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13/02/15

09:48

Post #: 14748075
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Originally posted by sydneyguy ↑

WOW

Well the production report didn't glow that well after the major moves in Gold price in the last QTR so I decided to wait for the full picture.

Major items important to me

EPS 5.2cps to 26 cps, considering the last QTr in which gold usd and aud went to new lows as reflected in the previous production report, Im stunned, way better than I thought.

would have been higher if the oil wasn't as hedged as hard imo, that's a big increase in yoy earnings with a gold price yoy falling.

Debt reduced way more than I expected, I thought given the production performance, whatever was repaid in first QTR of the fin year would have been redrawn in the last QTr considering POG UAD hit 1340aud in NOV

Gearing stays level basically static which is good.

BIG ONE - Cashflow from operation was significantly improved, and if they can do that in despite last QTR, looking at the POG AUD since JAn this should also positively improve financial position going forward and allow for a div at end of year... (obviously GOld AUD needs to stay above last QTR 1408AUD).

The big bear on the street UBS was 145M and No div,, and NCM smashed that.

cash generation is definitely going in the right direction.

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And imagine if they got Lihir on track! At least Lihir is making money at the moment unlike last quarter!

NCM Price at posting: $13.91 Sentiment: None Disclosure: Held
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Ann: Half Year Financial Results Market Release, page-3

Top Stories

Climate change to drive market trends to the moon

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Fast-track assaying yields 182 g/t gold for iTech at new NT play

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Saturn’s stars have aligned for the gold explorer’s Apollo Project

KGL sniffs 19% Cu from drilling at Rockface play in NT

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

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